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Information about Cebu IT Park

5.0
8273 Google reviews
Type
Neighborhood
Location
Cebu I.T. Park, Jose Maria del Mar Street, Apas, Cebu City, Cebu, Philippines
Distance From City Center
371 m
Family Friendly
Yes
Average rating
5.0
Number of reviews
8273

The Cebu IT Park (formerly known as Asiatown IT Park) is a 27-hectare mixed use business park in Cebu City, Philippines, envisioned to attract locators in the information technology services. It is developed by Cebu Property Ventures and Development Corporation, a subsidiary of Cebu Holdings, Inc. Cebu Holdings itself is a subsidiary of Ayala Land.

General operations

Tenants include Cebu Bombardier, NEC, SPI Tech, 1&1 Internet Philippines, Inc., Aegis (now acquired by Teleperformance), Convergys (who later acquired both eTelecare and Stream and now acquired by Concentrix), Qualfon, Promotional USB, Accenture, NCR, IBM, Microsoft, Xlibris/Author Solutions, JP Morgan Chase, WorldRemit, Epson and 24-7 Intouch. The main infrastructures found at the park are i1, i2, i3, E-BLOC, TGU Tower, PIPC 15, Skyrise 3, Skyrise 2, Skyrise 1, E-Office One, PIPC 11, PIPC 14, Globe IT, Aegis Tower, the CJRS and The Central Bloc.

In January 2010, IBM inaugurated its 2nd Global Delivery Center at TGU Tower. IBM established its initial presence in the Philippines in 1937. In 2007, IBM partnered with the Philippines Department of Science and Technology on the Philippine Intellectual Property Policy Strategy, Engineering Research & Development for Technology Program, and the National Technology Business Incubators Program. IBM Philippines Country General Manager James Velasquez said the company recognizes Cebu as the gateway both for its domestic clients in the Visayas and Mindanao, as well as overseas clients.

History

Back in the 1970s or 1980s, the site of where IT Park was used to be the site of the old Lahug Airport but later closed down in the mid 1990s since the operations of the airport were moved to Mactan Island.

It was approved by the Philippine Economic Zone Authority (PEZA) board as an economic zone on April 6, 2000. On February 27, 2001, Presidential Proclamation No. 12 made it an Information Technology Special Economic Zone.

Construction on eOffice One, the first office modules in Cebu IT Park, began in 2001 and opened in 2002.

Content is taken from Wikipedia